Maths Mcqs Practice Test

Question 1

If I purchased 11 books for Rs. 10 and sold all at the rate of 10 books for Rs. 11, the profit percent

Accepted Answer

C. 21%

Question 2

If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425. What is the greatest possible profit that might be made in selling 8 books?

Accepted Answer

D. None of these

Question 3

A man sells 320 mangoes at the cost of 400 mangoes. His gain percent is:_________?

Accepted Answer

D. 25%

Question 4

There would be 10% loss if rice is sold at Rs. 5.40 per kg. At what price per kg should it be sold to earn a profit of 20%

Accepted Answer

D. Rs. 7.20

Question 5

There would be 10% loss if a toy is said at Rs. 10.80 per piece. At what price should it be sold to earn a profit of 20%?

Accepted Answer

C. Rs. 14.40

Question 6

A man buys 10 articles for Rs. 8 and Sells them at the rate of Rs. 1.25 per article. His gain is:________?

Accepted Answer

D. 56 ¼ %

Question 7

A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?

Accepted Answer

C. 30

Question 8

The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%?

Accepted Answer

A. 37.5%

Question 9

By selling an umbrella for Rs. 300, a shop keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is:________?

Accepted Answer

C. 8

Question 10

The price of a VCR is marked at Rs. 12,000. If successive discounts of 15%, 10% and 5% be allowed, then at what price does a customer buy it?

Accepted Answer

B. Rs. 8721

Question 11

Aleem buys 4 horses and 9 cows for Rs. 13,400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost of a horse is:_________?

Accepted Answer

B. Rs. 2000

Question 12

By selling 12 toffees for a rupee, a man loses 20%. How many for a rupee should be sell to get a gain of 20%?

Accepted Answer

B. 8

Question 13

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

Accepted Answer

C. 5

Question 14

On an order of 5 dozen boxes of a consumer product, a retailer receives an extra dozen free. This is equivalent to allowing him a discount of:________?

Accepted Answer

C. 16 2/3%

Question 15

If the selling price of 50 articles is equal to the cost price of 40 articles, then the loss or gain percent is:

Accepted Answer

A. 20% loss

Question 16

If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is:

Accepted Answer

C. 50%

Question 17

The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

Accepted Answer

A. Rs. 2000

Question 18

The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit?

Accepted Answer

B. Rs. 960

Question 19

In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

Accepted Answer

B. 70%

Question 20

If selling price is doubled, the profit triples. Find the profit percent:

Accepted Answer

B. 100